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Montpelier Re Holdings Ltd. Message Board

  • aayushaatmaj Apr 9, 2011 11:43 AM Flag

    Montpelier Re Holdings

    Montpelier Re Holdings Ltd. (MRH) guided preliminary losses from the earthquake and tsunami in Japan to $126 million, pre-tax and net of retrocessional recoveries and reinstatement premiums.
    The company has forecast total industry losses of roughly $25 billion resulting from the earthquake and tsunami in Japan.
    Earlier, Montpelier guided preliminary net loss to approximately $75 million, net of reinstatement premium, attributable to the earthquake in New Zealand in February 2011. The company also expects to incur a loss of $15 million from the January floods and Cyclone Yasi in Australia.

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